Haldane Tempers View on Outlook for Bank of England Rate Cut

  • Officials are `happy where we are for now' on policy
  • Haldane noted downside risks as recently as September

Bank of England Chief Economist Andy Haldane backed away from his stance on the prospect for an interest-rate cut in the U.K., recognizing the strength of domestic demand and the potential for international headwinds to fade.

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